120 days is the period within which Synergy CHC Corp. (SNYR) reasonably anticipates filing a plan of liquidation or reorganization, per a Form 8-K dated September 4, 2026. The filing confirmed the company had petitioned for Chapter 11 relief in the U.S. Bankruptcy Court for the District of Columbia that same day, case captioned In re Synergy CHC Corp., Case No. 26-465-ELG. Synergy is operating as debtor-in-possession.
The VerStandig Law Firm, LLC, engaged as bankruptcy counsel and advisor, will continue in that role pending court approval. A creditors' meeting will be scheduled per applicable Bankruptcy Code provisions. Lauren P. Berret of Eisner Advisory Group LLC was brought on as chief restructuring officer effective August 26, 2026, nine days before the petition date.
Four directors stepped down effective September 4, immediately upon filing: Alfred Baumeler, Nitin Kaushal, J. Paul SoRelle, and Teresa Thompson. The 8-K stated none of the four departures stemmed from disagreement with the company over operations, policies, or practices, and all four resigned in direct connection with the Chapter 11 filing. Jack Ross, the sole remaining board member, signed the filing as authorized signatory. Baumeler had also vacated the President role effective August 31, four days before the petition.
Synergy CHC Corp. is a Nevada corporation listed on the Nasdaq Stock Market under SNYR, with its principal offices at 770 Roosevelt Trail, N. Windham, Maine.